https://www.taxtmi.com/caselaws?id=390844 The tribunal dismissed the Revenue's appeals and partly allowed the assessee's cross-objection and cross-appeal. Relief was granted in various areas, including condonation of delay, amortization of expenses under Section 35D, deduction under Section 80IA, and exemption of income from joint ventures. The tribunal upheld the CIT(A)'s decisions on these matters, emphasizing substantial justice and proper interpretation of statutory provisions. However, the tribunal rejected the assessee's claim for MAT exemption on Section 115JB computation and upheld the validity of Section 153A proceedings based on relevant seized documents. en-us Mon, 23 Dec 2019 00:00:00 +0530 Thu, 05 Mar 2020 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390844 The tribunal dismissed the Revenue's appeals and partly allowed the assessee's cross-objection and cross-appeal. Relief was granted in various areas, including condonation of delay, amortization of expenses under Section 35D, deduction under Section 80IA, and exemption of income from joint ventures. The tribunal upheld the CIT(A)'s decisions on these matters, emphasizing substantial justice and proper interpretation of statutory provisions. However, the tribunal rejected the assessee's claim for MAT exemption on Section 115JB computation and upheld the validity of Section 153A proceedings based on relevant seized documents. Case-Laws Income Tax Mon, 23 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390844